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tv   [untitled]    November 4, 2012 11:30am-12:00pm EST

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i mean so i can only use city in europe on the host of the twenty forty in the winter the picket. thank you. so much. thank you. dog. days it. it's so true.
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this is the weekend live here in moscow the u.k. reportedly planning to send planes to the persian gulf the jets will be stationed in the united arab emirates just a couple of hundred kilometers from iran defense ministry insists there's no connection to concerns over iran's nuclear ambitions but antiwar activists joan reese finds that haunts us one. this is not the first report we've had all western increased deployments in the area there have been a whole spate of them in recent weeks and months which all point in the same direction all be increased u.s. british and other western nations deploying a great deal more than the normal commitment to the gulf area not big enough in normal times i think we all understand what the imperial structure of the middle east is and that is that the western powers britain a better america with the support britain and other western european powers believe that it has an absolute right to control this area of the globe and it employees
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the israeli state has its watchdog we read stories that the israelis and the u.s. have now come to an agreement about a time scale within which they must deal with iran so i don't say that's going to happen the day after the u.s. elections but i do think that things will move on and we'll be clear exactly what the program of deploying further pressure on the iranian regime is in a week or so as time. the people of bahrain were banned this week from organizing public gatherings but it didn't stop hundreds of pro-forma it's from keeping their message alive as a result their peaceful rally faced riot police to gas and buttons opposition politician thinks that the government's only making things worse by stopping people having more of a say in their own country. politically and people demand in their eyes to block this morning there is a spike be a huge part of their government being bought out there just. having and tradition.
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where they are claiming they are just a few willing and. this is not been training and this is impossible in this. case was if somebody is very to note not to go on to. go down we need more from the international community and this is well within. the bush years and are going into this if you are disillusioned they are and if you . want this is the question and. so when he had the worldwide silence continues political analyst charlie explains why he thinks the international community is turning a blind eye and what it hopes to gain daryn can be car the unfinished segment of the arab spring which is now what we know now to be even stronger so all pottery really has been a conservative powers in the region as well as the prove to turn the arab western
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patrons of tried to completely demolished the voice of the people whom you believe . in the us embolden rights abuses in madrid so here you have to your mismatch between america's our ideals of exposing universal human rights and the reality on the ground near human rights are selectively being enforced and are we used to to talk. and useful political or not do you want to lie is for example sirius such a hot spot and behind not just because what really was the fifth fleet of the u.s. navy does not entitle it to be so brutal and repressive and get a very big range against humanity which are happening. but a government warning is unlikely to deter crowds forming in kuwait protests as a very for a mass rally against new voting rules despite a warning from the authorities that unsanctioned demonstrations won't be tolerated your position believes the changes will give an unfair advantage to some pro-government candidates in next month's election public gatherings of more than twenty people were banned after
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a string of violent clashes involving thousands marching against the weights rulers of. the middle east the largest christian minority the egyptian coptic church of chosen its new pope its traditional way of blindfolded boy drew the name of bishop to replace the former picture of who died in march ten million cuts in egypt two faced a rise in attacks against them which they blame on islam is. committed to going to church in kenya has killed one policeman and we did fourteen others mostly security officers a country in the wider region of suffered a wave of similar deadly attacks in response to troops to neighboring somalia to al-qaeda linked insurgents in july eighteen people died in church attacks in the same town as sunday's salute. spain and italy as prime minister this week denied that they're on the verge of asking for a bailout in madrid on monday the two leaders also criticized germany's plan for an e.u. body to police national budgets and punish those with large deficits both italy and
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spain are in a severe recession with record unemployment and have seen massive protests over spending cuts the spanish leader did admit though that his country may be debating out sometime in the future you know economists you have van overtveldt believes that the cash would come at the cost of independence. it's one of two things you either have to accept the fact that you will lose sovereignty. or what. we'll have major problems in terms of the continuity of this monetary union so if you need money it's in a vital that those who lend you the money starts interfering with your policies so it may sound a little bit brutal or maybe a little bit undemocratic but that's the way things work if you really are in need of that much money for that long period of time it's in a vitamin that you give up some of your sovereignty and as a matter of fact to make this monetary union work in a structural and durable way every state involved in this euro zone in this
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monetary union in europe will have to accept this principle. the main players are set to square up to britain calling on it to decide if it really wants to stay part of the club is after this week's bruising for prime minister david cameron free zone and peace turned on him and sided with the opposition in a vote urging a cut to the yearly payments to fund the e.u. the deputy prime minister warned the political rebellion could see britain isolated within the block your m.p. paul nuttall explains why he believes most brits one out of the union. the problem that you've got is that austerity doesn't exist in the european union and might exist in the member countries where we're asking to cut back on almost everything we have real estate is the out the money doesn't it doesn't matter they spend more and more every single year the budget goes or a member states including states such as greece and portugal and ireland who are in serious trouble will be asked to put their hands in their pockets and give more to proselyte that's wrong. of britain actually out of the states which aren't in the
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court and so we pay so much to the tune of around fifty million pounds a day you look at recent opinion polls eighty percent of people want a referendum so around sixty percent of people actually want to leave the european union altogether so the people are certainly moving away if the european union was a company directors and the chief executive all be in jail but it's not it's cruel to not another reason why the british people want that referendum i want to leave. in britain right now trying to buy a home or set up a business is a tough task with the big banks having seized up and keeping the cash to themselves but not everyone's going to let their community grind to hold laura smith has been to meet the one man bank. hello thank you. thank you dave fyshwick is a cheeky northern charmer he made his fortune selling minibuses in his hometown as burnley but instead of fancy holidays and expensive cars when the credit crisis hit
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dave wanted to give something back so he decided to open a bank it is late two thousand and eight early two thousand and nine mime. to me to get funded for their bosses as they are doing for the last fifteen years but overnight that just stopped the banks just stopped lending to the to the customers and i'm thinking have it done something wrong have they made a mistake of that up at the gas bill electric bill you know it's not the people that are the problem it's the banks have the problem so i thought well i'll end of the book so that's what it banked on dave he says although thanks to extensive red tape he's not actually allowed to call himself a bank and he's keen to differentiate himself from banks in other ways too he offers five percent on savings and he lends that money out to his local community and no bonuses and he profits go to charity. but there just isn't a day in every town more's the pity so his isn't
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a model which could be rolled out nationwide in its current form but financial experts say lessons can be learnt for a healthier banking system one point is clear and this is a point that the bank made in a way is that banking has just moved too far away from its roots and its basic need to understand to saving with. mad rush where highly leveraged gains exhausting. day its ultimate goal is to bring banking back to its roots no more faceless conglomerates where computers and mavericks make the decisions and the one percent pockets unimaginable bonuses instead local banks the local people run by the community to benefit the community it's not a new idea in fact it's how banking used to be before the mega bucks and mega banks stepped in and dave still taking to get some political support you have to take
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save us money and invest in real productive activity. sponsibility for doing it which is not the way that banking currently works in his comic kind of crazy way showing the way to a better banking system which is responsible. in touch with entrepreneurship which actually could be the basis for going forwards there's certainly got to be some way forwards as wave after wave of scandal hits the financial sector banking on dave and others like him looks more and more attractive one of the sayings i use a lot of people who rob banks go to prison banks to real people get paid bonuses that has to stop laura smith birmingham. one next year and all is lost for the eurozone after the break we talked to political analyst and sociologist jack goldstone explains how the bloc can return to the path of economic growth.
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tucked in between the russian mainland japan and the suckling island is the island of minute on named after french seafarer who discovered it it is described as the right of the sakhalin region we'll take a look at what's in store for us here. until two thousand and four the island was part of the borders own and was completely restricted too busy to know this picturesque place is open to tourists unique plants and animals are its top attraction. really has been exploring the deaths of the world sees for several decades but it's here at more your own island where here is finally found what he'd been looking for . the water here is very clear the visibility is very good and the underwater world
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here is the extremely rich i've been to many diving locations across the planet in . putting the i on the ballot but mine are on top of my list while some go to the cycling region to enjoy the sights others convert the island's nature's riches into a healthy dollar it is home to the biggest seafood processing factory in russia the tonight shock hundreds of thousands of tons of fish get caught in the nets too late to produce delicious salamon caviar almost and necessary attribute of any feast in russia the owner of the enterprise says a good fishing season can bring in more than one hundred million dollars net profit . and to a large extent this is owed to what succulent offers environmentally they do not shop operates in only and natural habitat and mild climate unique natural sights and delicious seafood succulent can offer a diverse holiday for those who are not afraid to travel ten thousand kilometers
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from europe the question is whether this distant land would ever be able to become a major tourist destination.
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jack goldstone a us writer around sociologist specializing in many things including global population trends and also the cultural origins of economic growth it's great to have you with us here today thank you now even before the year were inception some skeptics were coming out and putting out arguments on why the euro wouldn't function and besides to economic arguments to were also saying the cultural differences were the huge problem between the different you states saying that labor habits are different spending and saving practices are different and many
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other reasons so how much of all of this is actually playing in to the economic and political divide that we're seeing right now in the european union the euro was invented really as part of a program to overcome nationalism where nationalism is perhaps an excessive attachment to some of those cultural differences that you mentioned the problem with the euro i don't think lies in the cultural differences it lies in the lack of a unified institutional framework for banking and financial decision making but have the problems with the euro now magnified the cultural differences and the problems in country cultural differences well unfortunately when you have an economic crisis and national politicians try and find a solution it's always tempting to try and find a solution that respects the cultural differences because those are often the strongest feelings that people have in a crisis there are two ways to go. with regard to the current euro crisis one is to
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build institutions for a european banking supervisor and a european financial ministration and european leaders are working on these the other direction to go is to emphasize the differences among european countries and try and tailor the way the euro functions to respond to those differences. there will be some of that because we're seeing deals with spain and with greece we saw deals with ireland and portugal all of that does respond to those feelings of cultural difference but i think in the long run the whole goal of the euro is to minimize the impact of those cultural differences on people's standard of living and on their financial environment a couple of quick questions arise right away talking a little bit more on cultural differences yes we see different european leaders work on a common solution to save the game or to save the unity of the european union but
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still it seems so hart to find an agreement is specially if we see how germany's reacting to greece and how the u.k. is opposing the financial policies for example so is it a lack of trust or is it yet once again the cultural differences that really come in the way of fair at finding the common solution there are cultural differences but there are not just european national differences if that was the only issue then the united states as one nation would be able to solve its policy problems by agreeing on a solution as you know the united states right now is very divided between republicans and democrats who have different ideas about how to solve our economic problems and so very little is getting done in europe germans have a belief that the way to solve the problems is by more saving and more fiscal. supplant the southern european countries believe the way to go forward is to
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promote economic growth and not worry so much at this moment about the debt those differences are very similar to those between american democrats and american republicans well from the latest of french president francois hollande has said that europe must advance at several speeds so some believe that we would be seeing the inevitable the emergence of the two tarik europe i think there is a possibility i've written about that myself at the moment the levels of productivity in different european countries are large one can compensate for that with a unified set of financial structures but then that will take time for those structures to overcome the differences the instant way to say ok we have differences in productivity let's have a marked difference in the financial system for different countries and that would
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require splitting the euro whether it's a two tier system or a different access system or even perhaps in some extreme cases a return to national currencies and you've been bringing up the united states a lot we are going to have presidential well we are going to have presidential election in the us and yes we are domestic economy very much in focus at this point and although the united states economy is exposed to europe when you look at it willy hasn't taken a toll on it as much as one would expect why is that did open obama just get plain lucky well i don't want to argue about whether obama is lucky or not there's a lot of evidence that he is unlucky and there is a lot of evidence that he has good luck we'll find out which is true when the election actually occurs but as regards the american economy the obama administration spent a lot of money on stimulus indeed if you look at net spending in the united states it has. much stronger since the onset of the recession in two thousand and seven
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than in most european countries european countries have been living according to their belief in austerity so they have reduced government spending and they have raised taxes the united states was not able to raise taxes and did increase government spending now there's an argument about which is the best approach to restore growth i really believe what the american experience shows is that you shouldn't raise taxes during a recession you should increase government spending and the reason european countries have had greater trouble is they have done what i think shouldn't be done they followed a austerity policy before the recession was over i remember president obama got a great deal of criticism in the very beginning when he actually went for the stimulus package and sent for the injection of stimulus and to the american economy but then again and it worked out like you said it worked out better than it did in europe but then again can the measures that are taken to. fix the american economy
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be taken into europe can going to say measures to fix europe as well art or you do what you do need to have different approaches because it is two different things still there are different things europe essentially has a double problem they have how do we get southern european and northern european economies to move in the same direction and for that i think the answer is don't pursue austerity pursue growth and then there's a second problem of once countries are all moving in the same direction can you fix the european financial system and create united structures so that this problem doesn't appear again as it may appear in the next economic difficulty if the current division among national financial systems isn't isn't fixed as the author of the over book on global population trends you. have argued that the most
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important thing is really the distribution of population now that the rich economies are really out of steam and the global economic crisis god knows how long it will stay around will this economy sexually be capable of absorbing. even new scores of immigrants as they were for the last century well i think there's a third adjustment that europe has to make aside from responding to the existing crisis and improving the unity of financial structure and that is europe has to adjust to the reality of zero population growth. europe after all was the fastest growing part of the world for much of the nineteenth century and even into the twentieth century and yet we're looking at a twenty first century in which most european countries will have very little or no population growth that means the structure of welfare health care pensions housing
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all is going to have to change now i am seeing very hopeful signs in many european countries that they recognize becoming more open to immigration and doing a better job of integrating the recent immigrants that they already have are going to be very important for restoring economic growth so i don't think there's a choice there i just think it's a question of how soon does europe accept the reality that its population needs to be supported by immigration and that that's going to provide more of a benefit not a threat keeping in mind everything that you've sat and if everything goes by your scenario. and america's still today being the best places on earth to leave according to living standards. will they be america and europe be able to sustain their living standards like they are today i think they'll be able to sustain them to a good degree because they have the technology and the capital but it will take sensible
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economic policies if europe and the us continue to spend way too much on public benefits like pensions and don't pay enough attention to research and education to raise the productivity of future workers then things will decline so there is the risk that we got it wrong on the other hand there's no reason that european and american people and companies won't profit from the growth that takes place in places like china and india it's already a global economy so i think the prospects are good but let me also. say even though places like shanghai or mumbai may not be as rich as london or paris they have their own attractions being at the center of something new and exciting and growing fast can be just as attractive as being in a place like zurich that has a lot of old but stable well jack goldstone thank you very much to you pleasure to be here thank you very much.
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please keep cool language. programs and documentaries in arabic it's all here on. reporting from the world talks about six of the ip interviews an intriguing story for you here. in trying. to find out because it. involves fifteen goats two counts. forty kilograms of rice one thousand flatbreads. but why is the bride in a bad mood. now to tell the groom he's not the one.
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to rule it is a done deal. of the six america votes for its next president. who take the wheel as the u.s. drives into the feature. get the news the mainstream misses with up close election coverage of the u.s. election up close. and. just give me can i speak with you share with me good news please my son died in iran don't agree you don't agree we need to look for other. my sony isn't in the arena i don't know what discovery are going to be for your fair. share of your country. with the countries of yours. that includes the moon or in hope to helping families . you find in so many own says war and meet the sometimes.
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government no longer represents the people. the people are going to take the trip. we. feel at least in the traditional. the way our economic system. is not. what.
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i. gave. a little.

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